Hyperfine prices $17.5M public offering of 14M shares at $1.25/share

Hyperfine, Inc.

Offering of 14,000,000 shares of Class A common stock at $1.25 per share; gross proceeds ~$17.5M.
Underwriter granted 30-day option to purchase up to 2,100,000 additional shares (15% of firm shares).
Proceeds to be used for working capital, commercial, manufacturing, and R&D activities.
Lake Street Capital Markets is sole book-runner; expected close on or about October 17, 2025.
Existing directors and executive officers subject to 60-day lock-up; company has 90-day lock-up.

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